Business & Money | Tuesday 22 September, 2026 8:00 am

SHL renews SAR 200M facilities with SAIB

SHL Finance Co. renewed today, Sept. 21, a Shariah-compliant credit facilities agreement with The Saudi Investment Bank (SAIB) for SAR 200 million. In a statement to Tadawul, the company said the financing has a term of five years, noting that a promissory note and receivables were provided to ...

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Business & Money | Tuesday 22 September, 2026 8:00 am

Crown Prince launches CEER's flagship vehicles

Saudi Crown Prince, Prime Minister and Chairman of the Public Investment Fund (PIF) Mohammed bin Salman has launched EXOBOT, the flagship electric vehicle (EV) from CEER, the national automotive company.This national milestone reflects Saudi Arabia's strategic direction toward developing an...

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Business & Money | Monday 21 September, 2026 12:23 pm

LIONS Riyadh Festival launches in Saudi Arabia

Tahaluf, in partnership with LIONS and the Ministry of Media, has announced the launch of LIONS Riyadh, a distinct regional Festival within LIONS, the global platform for creative marketing ef ectiveness.  Taking place 6-8 December 2027 at KAFD in Riyadh, the three-day Festival will bring ...

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Business & Money | Monday 21 September, 2026 10:22 am

Plast Eurasia invites Middle East buyers for its 35th edition

Tüyap will stage the 35th edition of Plast Eurasia in Istanbul on December 2–5, bringing plastics machinery, raw materials and chemicals together as organisers target 80,000 visitors, including business audiences from the Middle East and North Africa.  İstanbul — Plast Eurasia, the...

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Business & Money | Monday 21 September, 2026 9:45 am

Masar sells 4 land plots for SAR 604M, books capital gain of SAR 344.3M

Umm Al Qura for Development and Construction Co. (Masar) and Alinma Development II Ltd., a special purpose vehicle of Alinma Makkah Real Estate Fund, fully owned by Masar, signed four sale agreements for four land plots at the Masar Destination project in Makkah with ARABIAN DYAR Co.The four land...

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Business & Money | Monday 21 September, 2026 9:42 am

PIF launches Tawrid for supply-chain financing

The Public Investment Fund (PIF) announced today, Sept. 20, the launch of Tawrid Company for Financing Solutions, an innovative digital platform providing supply-chain financing products to companies in the Saudi Arabian market. Tawrid has obtained the Saudi Central Bank’s (SAMA) permit to...

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Business & Money | Monday 21 September, 2026 9:39 am

MIS inks agreement with HUMAIN worth over SAR 8.7B

Al Moammar Information Systems Co. (MIS) signed an agreement with HUMAIN to expand the scope of work for the design and construction of data centers dedicated to AI technologies, increasing capacity from 50 MW to 250 MW. The award letter was received on Aug. 25, the company said in a Tadawul...

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Business & Money | Monday 21 September, 2026 9:38 am

Group Five, Aramco sign SAR 270.6M contract

Group Five Pipe Saudi Co. signed a SAR 270.58 million contract with Saudi Aramco, the company said in a statement on Tadawul. The four-month contract covers the manufacture and supply of spiral-welded steel pipes for one of Saudi Aramco’s projects. The financial impact is expected to be ...

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Business & Money | Sunday 20 September, 2026 11:02 am

Alfanar Engineering Services Signs an Agreement with IPS During CIGRE Paris Session 2026 to offer Advance Digital Testing and Commissioning Services

Alfanar Engineering Services announced the signing of Agreement with IPS Intelligent Process Solutions GmbH (IPS Energy) during its participation in the CIGRE Paris Session 2026. Alfanar Engineering Services, with its established testing, commissioning, and field-service capabilities and IPS...

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Business & Money | Sunday 20 September, 2026 8:00 am

Ajman Chamber promotes emirate’s products at WorldFood Moscow 2026

Ajman Chamber has concluded its participation in WorldFood Moscow 2026, held in the Russian capital from 15th to 18th September, where it promoted products manufactured in the emirate and explored opportunities to expand their presence in international markets. Several Ajman-based food...

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